The airline industry continues to be plagued by spiraling costs, making cost-cutting a necessary survival tool. One sure method for airlines to realize cost savings is by increasing the use of electronic ticketing and phasing out paper tickets. Electronic ticketing not only cuts distribution costs, it also reduces back-office accounting...
Airline pricing is one of the mysteries of our generation. The airline industry refers to its pricing game as "yield management." This means prices on the same plane can fluctuate wildly based on available seats at the time of purchase. Yield management is a form of price discrimination that allows...
The paper acknowledge that the key to success in the new e-business environment and overall improved efficiency comes with improved forecasting techniques, logistics resource optimization and greater revenue selectivity made possible by sound back office systems based on on-line centralized data. The advent of the internet makes it possible to...
American's Pilot Fighting for Compensation Restoration Once AgainRE: American's Pilot Fighting for Compensation Restoration Once AgainCrank said..." The thing that's really just amazing here is that the laws of supply and demand show that when fares go up, demand goes down. So, what happens when demand goes down? The pilots...
BA Chief Says Airline Industry in Biggest Ever CrisisRE: BA Chief Says Airline Industry in Biggest Ever CrisisThe situation will be even worse for smaller airlines especially those in third world countries dependent on imported fuel
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Manufacturer and designer of aircraft engines Pratt & Whitney Canada (P&WC), a business unit of United Technologies Corp (NYSE:UTX), announced on Tuesday (7 October) that the company has signed an 11-year Fleet Management Program agreement with JetSuite, a private jet charter company....
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD British Airways has announced that it will be starting services to the Caribbean islands of St Kitts and Nevis this winter. The airline will introduce weekly flights from London's Gatwick Airport to St Kitts on 10 January 2009. This service...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD British Airways has announced that next year, starting on Sunday 29 March 2009, its flights from Atlanta will be landing at London's Heathrow Airport. The Open Skies agreement between the USA and the European Union, signed last March, has made...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Austrian Airlines has announced that it has reached an agreement on the salaries of around 3,500 commercial-technical employees. These salaries will be increased by a basic rate of EUR10 and by 3.7% with effect from 1 November 2008. ...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Australian airline Qantas has reported that it will be reducing its fuel surcharges on international flights. The reductions are a result of recent falls in oil and jet fuel prices, Qantas stated. These changes include surcharges on flights...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Brazilian airline TAM (NYSE: TAM) (Bovespa: TAMM4) is to become a member of the Star Alliance. The process of integrating TAM into the airline alliance will now begin, with representatives from TAM, United Airlines and the Star Alliance working to...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Mesa Air Group Inc (Nasdaq: MESA) has reached a tentative contract agreement with the Air Line Pilots Association ALPA, which represents its pilots. The agreement, which is subject to ratification, is claimed to resolve many of the scheduling-related issues between...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Innovative Solutions & Support Inc (NASDAQ: ISSC) (IS&S), a supplier of flat panel display systems, flight information computers and advanced monitoring systems, has introduced the new IS&S Vantage Cockpit/IP Information System. The Vantage is an open architecture flat panel cockpit...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air China has announced the inauguration of a new painted aircraft, called Zijin Hao Forbidden Pavilion Liner. Artwork on the Airbus A330-200 aircraft is a reproduction of the artistic logo of the Forbidden Pavilion First Class and features a red...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Australian airline Qantas has issued an update on Flight QF72, which was affected by a "sudden change in altitude" while en route from Singapore to Perth on Tuesday (7 October) and had to divert to Learmonth Airport in Exmouth, Western Australia. ...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD American Airlines has reported that, in response to feedback from its customers and employees, it is finalising plans to ensure pornographic material is filtered out of the Gogo inflight Internet service. American launched Gogo on 20 August for a trial...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Transaero Airlines has announced the introduction of its new Imperial Class, which is available on its long haul routes in Boeing 777s and 747-400 aircraft. The airline stated that tickets are already on sale for these flights, which now have...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Mexican airport operators Grupo Aeroportuario del Centro Norte SAB de CV OMA and Grupo Aeroportuario del Pacifico SAB de CV GAP (NYSE:PAC) (BMV:GAP) have reported passenger traffic for their airports for September 2008. OMA recorded a decrease in domestic traffic...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Great Lakes Aviation Ltd (OTCBB:GLUX) has announced preliminary passenger traffic results for September 2008. The airline said its scheduled service generated 12,877,000 revenue passenger miles RPMs, a 4.1% decrease from the same period in 2007. Available seat miles ASMs were...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Flexjet, Bombardier's fractional business jet ownership programme, has announced a partnership with Climate Care, a carbon offset provider and a division of JPMorgan's environmental markets group, which will enable Flexjet owners to make their flights carbon neutral. The company said...
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